New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-04-20
DEFEAT OF A SAVINGS BANK BILL

WHAT IT WOULD HAVE DONE HAD 1T BECOME A
LAw-ONLY ONE VOTE SHORT.
ALBANY April 19.-In the Senate Mr. Cullen;
Savings Bank bill discussed at more than ord
nary length for tucb bills at this time OF the session
1t requires the reports OF these banks made alter
the passage of the act give the OF depositor,
to whore credit any amount OF $40 or upward bar
stood the books for twenty years these deposits
being only those to which nothing has been added in
that time and which interest has been paid The
object of the BILL apparently is TO inform heirs ia
unclaimed savings bank deposits OF the existence OF
money belonging to them.
The bill was unpopular III the Senate because II
was introduced by Senator Cullen. Senator Fassett
said in many words that he was afraid there was
some design behind ii other than that OF benetting
heirs to unclaimed deposits Neverth less 1t was
supported earnestly and in able debate by such care
full and fair Sena Comtock Kellogg. Mcmillan,
Smith and Parker. Senator Smith made stron Z
argu men in favor of giving publicity TO the names OF
these Dead lost forgotten depostors in order that
their heirs, If there be any IN existence may know
that there is money in the savings banks which prop
tir. sloan Mr. Low Mr.. Fassett, Mr.. Griswold and
others opposed the bill on the general ground that
sa yin rs banks OF this State are dong well enough and
IL is always wise, especially in financial ohairs to let
well lgh alone The bill defeated TOR the want
OF more Affirmative vote receivihS as 1t did only
sixteen, with nine against it as follows Democrats
In Italics:
YKAs-comstook. Cullen Fdgon. kellogg. Mcmillan, Mar.
vin Murphy Nelson Parker. Pierce Pitts Punku kaines
tOggeshal, Connolly, fassctt
Knapp. sloan Walker Wemje
BREATHING SPELL FOR THE LABORER.
SENATOR REILLY's HALF-HoIIDAY AND LABOR DAY
BILL PASSED BY TIE ASSEMBLY.
ALBANY April 10 LSpocIab.-The Assembly considered
to-day Senator Reys Saturday Half Holiday and Labor
Day b which provides for holiday the first Mon
day in September, to be known as Labor Day" Mr.
crosby moved TO strike out Labor Day" He did not
aborng people OF tho State desired the holiday
Referring 70 the Governors message IN which tho sug
gestion OF holiday made. Mr. Crosby said:
oomSs dsp.rsnoal au.ts 1sry aas from
bears the label Votes. Votes Votes"
Nj Erwin moved to amend by making the bill apply
only to OF 100000 inhabitants THIS would
render bill special legislation and tho Governor would
stuuiy him self he signed IT. Mr. Erwin thought that
holidays for laooring men we're good thing but no ala
think tho bona ndo aboring men desired that tue
legislature designate a legal holiday. IL any
community wishes n holiday Il may have It.
Laboring procure holiday and go with their
families for aunt trs not necessary To designate
ss aT aa not tho the
Mr. Cole opposed thu designation OF legal holiday;
Tho bill was born In demasogy. no sa'u' anu - "O'
Mr. Krusr favored the b,lL lie thought tina, the sat,
urday hahoday would result In more ncon'ehichceih
the county than the legal holiday
Mr. Mckenna advocated tho bill 49,
Mr. Ives called attention 70 tho fact that the Repun-
can Assembly passed. the hahoisy bill last year lie
hoped party would be- more consistent than us spokos
man INT tOci.
Judge Greene opposed Mr. Erwn's amendment. as II
result confusion in tho exchange OF banking
paper In the country.
Mr. Erwlu's and Mr. Crosbys amendments were re-
ecod and speaker Hustled favored the bill In Wig
speech
sir. Martin, OF New-York. said he was engaged In man
until the LEGISLATURE convened lie neld that
the bill did not euanate IRON buncombe ftctofy IL
meeting OF the trades assemblies OF IN
Stale In 1884 Al mat meeting ST. Lawrence aud
Schuyler Counties repre- ented The bona de labor
organizations asked for the bill
Mr.. Howe favored the bill.
The hill was pa sed "A vote OF 10 70 SO